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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 03, 1966
Page
4
The piece argues the United States faces a money crisis amid inflation risk and rising deficits. It urges strong inflation curbs, higher taxes, and cuts in nonessential spending to slow an overheated economy while noting Britain has already tightened austerity.
Los Angeles Dodgers win the National League title in a hard fought finish and head to the World Series where they are favored to face the Baltimore Orioles. Star pitchers Sandy Koufax Don Drysdale and Claude Osteen anchor a strong rotation while defense and speed pace the team. The series opens Wednesday with broad public interest expected to soar.
The piece outlines how Viet Nam war outlays and Great Society spending push toward tentative fiscal tightening. Inflation reduces real wages, with price gains of 3.5 percent since 1965 and a possible wage and price control era. Despite many leaders not expecting a recession, the outlook foresees distortions and tougher times ahead.
Drew Pearson recalls Clinton Tennessee eight years after a dynamite blast tore apart the schoolhouse and how the town, aided by nationwide nickels and dimes, rebuilt with white and Negro children studying together. He contrasts this with riots in Watts and San Francisco and praises education, civic courage, and nonviolence as paths to healing.
A mix of civic quips and community briefings covers bail reform humor, a West German business leader buying Georgia farmland with Hereford cattle, public art funding appeals, a surplus cabinet purchase by State Senator Ed Kemp, a Baltimore couple visiting England, church management talks at High Point College, and a church service dress incident.
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